507 Campbell Lead Road, Gatlinburg, TN 37738 (MLS# 248724)

507 Campbell Lead Road, Gatlinburg, TN 37738

$974,000
Property Type: Land Lot Size (sq. ft.): 50,530 Status: Closed
Current Price: $974,000 List Date: 4/15/2022 Last Modified: 9/10/2024

Overview

Description

1.6 Acres with INCREDIBLE VIEWS of DOWNTOWN GATLINBURG and Mt. LECONTE, This property was previously the location of The Tennessee Ridge Inn, a Bed and Breakfast perched on top of the mountain with a immaculate views of the Great Smoky Mountains and Downtown Gatlinburg. The Inn was burned down in the fires in 2016, however the foundation and driveway are still there. The seller has no knowledge of the condition of the foundation, buyer would have to have it inspected. The property also has CITY WATER and CITY SEWER, and sits 1 curve away from the top of the famous Gatlinburg Skylift.

Listing Details MLS# 248724

General Property Information

Lot Size Acres
1.16
Sign On Property YN
Yes
List Price/Acre
839655.17
Sold Price/Acre
839655.17

Property Features

Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Cleared; Mountainous Possession: Close Of Escrow Possible Use: Multi-Family; Recreational; Residential; Single Family Road Surface Type: Paved Utilities: Sewer Available Water Source: Public Showing Requirements: Call Listing Agent; Show Any Time

Location Tax and Legal

Street Number
507
Street Name
Campbell Lead
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Unimproved Land
MLS Area Major
Gatlinburg
Subdivision Name
Greystone Heights

Contract Information

Original List Price
975000
Listing Contract Date
2022-04-15
Owner Name
Hullander Family Irrevocable Trust
Listing Agreement
Exclusive Right To Sell
Association YN
No
Association Fee Frequency
Annually
Association Name
none
Association Email
none
Association Type
None
Association Fee
0

Remarks and Miscellaneous

Public Remarks
1.6 Acres with INCREDIBLE VIEWS of DOWNTOWN GATLINBURG and Mt. LECONTE, This property was previously the location of The Tennessee Ridge Inn, a Bed and Breakfast perched on top of the mountain with a immaculate views of the Great Smoky Mountains and Downtown Gatlinburg. The Inn was burned down in the fires in 2016, however the foundation and driveway are still there. The seller has no knowledge of the condition of the foundation, buyer would have to have it inspected. The property also has CITY WATER and CITY SEWER, and sits 1 curve away from the top of the famous Gatlinburg Skylift.
Directions
From Ripley's Aquarium on the Parkway in Gatlinburg, go North on Greystone Heights rd. for 1.2 miles, then 507 Campbell Lead will be on the left at sign. You can park at the top of the driveway.

Status Change Information

Major Change Timestamp
2023-08-18T06:45:59Z
Major Change Type
Status Change
Price Change Timestamp
2023-03-02T03:24:57Z
Status Change Timestamp
2023-08-18
Purchase Contract Date
2023-06-03
Close Date
2023-08-18
Close Price
974000
Buyer Financing
Conventional
Anticipated Closing Date
2023-08-18

More Information

Showing Requirements

Showing Instructions
Utility information is per tax records. Buyer to verify utilities available.Call Allen Cox for more details- 865-804-4653
Call Listing Agent
Yes
Show Any Time
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
R-1
Zoning Entity
Gatlinburg
Tax Lot
B/
Book/Page/Doc #
5269, 607
Tax Annual Amount
441.7
Tax Year
2019

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Mountainous
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Utilities

Sewer Available
Yes

Water Source

Public
Yes

Possible Use

Multi-Family
Yes
Recreational
Yes
Residential
Yes
Single Family
Yes
Listing Office: eXp Realty, LLC 7720
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.
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